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XRP surged 10% today, extending its rally to $3.25 amid falling US PPI inflation data and the launch of the ProShares XRP ETF. Analysts highlight a bullish MVRV golden cross, suggesting potential for a 630% rally.
- US PPI inflation drop to 2.3% fuels Fed rate cut hopes, boosting crypto liquidity.
- ProShares XRP ETF launch and GENIUS Act progress provide regulatory tailwinds.
- Analyst Ali Martinez flags MVRV golden cross, hinting at a potential 630% XRP rally.
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Other Tags: Altcoins, Ali Martinez, Brian Quinlivan, Chris Larsen, Gavin Newsom, Santiment, NYSE Arca